Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) Shareholders to Get $0.06 Monthly Dividend

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.0625 per share by the financial services provider on Monday, November 2nd. This represents a $0.75 annualized dividend and a dividend yield of 10.9%. The ex-dividend date is Thursday, October 15th.

Nuveen Preferred & Income Opportunities Fund Price Performance

JPC stock opened at $6.88 on Friday. The stock has a 50-day moving average price of $7.37 and a 200-day moving average price of $7.67. Nuveen Preferred & Income Opportunities Fund has a 1-year low of $6.63 and a 1-year high of $8.30.

Institutional Investors Weigh In On Nuveen Preferred & Income Opportunities Fund

A number of institutional investors have recently added to or reduced their stakes in JPC. Integrated Wealth Concepts LLC raised its holdings in shares of Nuveen Preferred & Income Opportunities Fund by 32.6% during the second quarter. Integrated Wealth Concepts LLC now owns 18,042 shares of the financial services provider’s stock valued at $142,000 after acquiring an additional 4,432 shares during the last quarter. RFG Advisory LLC grew its stake in Nuveen Preferred & Income Opportunities Fund by 9.2% in the 2nd quarter. RFG Advisory LLC now owns 24,434 shares of the financial services provider’s stock valued at $193,000 after acquiring an additional 2,061 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of Nuveen Preferred & Income Opportunities Fund by 12.7% during the 2nd quarter. Allworth Financial LP now owns 26,244 shares of the financial services provider’s stock worth $207,000 after acquiring an additional 2,953 shares during the period. Corient Private Wealth LP acquired a new position in Nuveen Preferred & Income Opportunities Fund during the 2nd quarter worth approximately $119,000. Finally, Ameritas Advisory Services LLC lifted its holdings in Nuveen Preferred & Income Opportunities Fund by 35.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 57,103 shares of the financial services provider’s stock worth $450,000 after buying an additional 14,892 shares during the last quarter.

Nuveen Preferred & Income Opportunities Fund Company Profile

Nuveen Preferred & Income Opportunities Fund (NYSE: JPC) is a diversified closed-end management investment company designed to provide investors with current income and the potential for capital appreciation. The fund is managed by Nuveen, an investment manager specializing in income-oriented and other alternative investment strategies.

JPC invests primarily in preferred securities and other income-producing investments. Its portfolio may also include corporate debt securities, convertible securities and common stocks, with the objective of generating income while managing interest-rate, credit and other investment risks.